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AES AES Distributions to noncontrolling interests

Distributions to noncontrolling interests at other companies

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$4M

Other financials

Income statement

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Revenue$3.2B+8.7%
Gross profit$640.0M+45.1%
Net income$487.0M+959%
EPS (diluted)$0.68+871%

Balance sheet

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Cash & equivalents$2.3B-9.6%
Total debt$1.2B+17.8%
Total equity$4.4B+27.5%
Total assets$52.8B+8.6%

Cash flow

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Operating cash flow$1.2B+120%
CapEx$1.8B+40.8%
Free cash flow-$565.0M+20.3%

Valuation

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Market cap$10.49B+14.7%
P/E7.8×-2.2×
P/S0.8×+0.1×

Profitability

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Gross margin19.3%+1.7pp
Net margin10.8%+0.2pp
FCF margin-11.8%-4.4pp

Returns & leverage

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Return on equity34.3%-6.4pp
Debt / equity0.3×0.0×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by AES in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToMinorityShareholders.

The source filing: AES’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000874761-26-000120
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Payments for financing fees(5)(21)
Purchases under supplier financing arrangements468317
Repayments of obligations under supplier financing arrangements(267)(628)
Distributions to noncontrolling interests(488)(84)
Contributions from noncontrolling interests3773
Sales to noncontrolling interests117245
Issuance of preferred shares in subsidiaries1138
Dividends paid on AES common stock(125)(125)

Item 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is AES's distributions to noncontrolling interests?
AES (AES) reported distributions to noncontrolling interests of $488M in Q1 2026.
How has AES's distributions to noncontrolling interests changed year-over-year?
AES's distributions to noncontrolling interests increased by 481.0% year-over-year, from $84M to $488M.
What is the long-term trend for AES's distributions to noncontrolling interests?
Over 4 years (2021 to 2025), AES's distributions to noncontrolling interests has grown at a 33.9% compound annual growth rate (CAGR), from $284M to $912M.
What does distributions to noncontrolling interests mean?
Cash distributions paid to minority interest holders from subsidiaries not fully owned by the parent.

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